Catégorie H50 - Généralités
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Jean-Louis Combes ; Alexandru Minea ; Sawadogo, Pegdéwendé Nestor | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Zoom sur la recherche | 2020-04Access to capital on international financial markets is necessary for developing countries. However, following the sovereign debt crises, investors required higher yields for holding their bonds. These behaviors can be interpreted[...]Article : Revues - Articles
Working Paper
Jean-Louis Combes ; Alexandru Minea ; Sawadogo, Pegdéwendé Nestor | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2019This paper evaluates the effects of public expenditures on sovereign bond spreads in emerging market countries. Specifically, the paper explores empirically how country risk, as proxied by sovereign bond spreads, is influenced by the different t[...]Article : Revues - Articles
Jean-Louis Combes, Auteur ; Alexandru Minea, Auteur ; Sawadogo, Pegdéwendé Nestor, Auteur |This paper contributes to the literature on fiscal policy as a determinant of government bond spreads. We analyze the effect of government spending on government bond spreads using a panel of 30 emerging countries during the period 2000–2013. Ba[...]Article : Revues - Articles
In response to increasing debt paths, governments often implement fiscal consolidation programs. This paper studies the impact of these programs on the composition of government spending. System-GMM estimations performed on a sample of 53 develo[...]Working Paper
Moulaye Bamba ; Jean-Louis Combes ; Alexandru Minea | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2019In response to increasing debt paths, governments often implement fiscal consolidation programs. This paper studies the impact of these programs on the composition of government spending. System-GMM estimations performed on a sample of 53 develo[...]Thèses
Meyimdjui, Carine, Auteur ; Theophile Azomahou, Directeur de thèse ; Jean-Louis Combes, Directeur de thèse | Clermont-Ferrand : Université Clermont Auvergne | 2019-01-24EN: The recent surges in food commodity prices have drawn attention on one of most severe sources of vulnerability for developing countries. In addition to financial constraints that these countries already face, (among these, the [...]Working Paper
Meyimdjui, Carine | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2017The delicacy of socio-political consequences during the recent commodities’ prices spikes has given rise to stabilising measures that might have had repercussions on public policy alternatives. This effect may be worrying for developing countrie[...]Working Paper
Mohamed Traoré | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2018This paper assesses the effects of government expenditure components on both equity and growth, especially whether it is possible to design public spending to promote a more equitable society without sacrificing economic growth. We employ a pane[...]Working Paper
Jean-Louis Combes, Auteur ; Mary-Françoise Renard, Auteur ; Sampawende Jules-Armand Tapsoba, Auteur | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2015This paper examines the cyclicality of provincial expenditure in China during the period 1978-2013. We assess whether provincial expenditure has been pro-cyclical using panel data for our analysis. Profligacy is found to be a regular feature of [...]Working Paper
Djedje Hermann Yohou | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi) | Études et Documents Cerdi, ISSN 2114-7957 | 2015Taking advantage of African experience, this paper proposes to enrich empirically the issue of fiscal space. Africa has markedly achieved significant economic progress since the 80's decade crisis. However, this progress has been proven insuffic[...]Article : Revues - Articles